Goldman says buy these stocks that are set to benefit most from Trump tax cuts

As Wall Street anticipates President-elect Donald Trump’s return to the White House, one area of stocks that could benefit the most is those that stand to gain from his plan to cut corporate tax rates, according to Goldman Sachs. Trump’s victory has reduced some political uncertainty and served as a catalyst for a surge in stock prices. This optimism is supported by recent economic growth data and potential Fed rate cuts. Goldman forecasts that the S&P 500 could reach 6,015 by year-end if historical trends hold. The fate of the U.S. House of Representatives remains uncertain, which could impact Trump’s ability to pass proposed tax cuts. Companies like Disney and Hilton Worldwide Holdings, which have historically paid higher tax rates, are among those that could benefit from lower corporate taxes. Other companies on Goldman’s list include Delta Airlines and American Express.